Requires subsidiaries of certain transportation authorities and their employees to submit all unresolvable contract negotiations to binding arbitration

This bill requires subsidiaries of major New York transportation authorities (including MTA, NYCT, and upstate agencies like Niagara Frontier and Rochester-Genesee) and their employee unions to use binding arbitration for unresolved contract negotiations. If talks fail to reach agreement, the dispute must be referred to a three-member panel: one appointed by the employer, one by the union, and a neutral chair selected jointly. Both sides share the cost of the neutral member, and the process must conclude within 12 days. The bill directly affects transportation workers and their unions represented under these authorities, aiming to resolve labor disputes without strikes or work stoppages.